TagTesla

Elon Musk Debunks Viral Report That He Is Wildly Overpaid as Tesla CEO

Elon Musk, Tesla

By CCN: Last week, we learned that Elon Musk was the highest-paid CEO in America in 2018. And it wasn't even close. Musk scored a jaw-dropping $2.3 billion in compensation, outstripping the next 65 corporate executives combined. With that sort of income, Musk should be on pace to topple Jeff Bezos on the rich list, especially since the latter just lost 25% of his Amazon stock in his divorce. But...

Elon Musk's SpaceX, With a $33.3B Valuation, Is About to Eclipse Tesla

spacex and tesla

By CCN: As markets close Friday, Elon Musk's aerospace venture SpaceX is poised to eclipse his car company Tesla in market value for the first time. Tesla's stock is trading down 1.5% at press time with a $33.01 billion market cap attached. According to CNBC, SpaceX is valued at $33.3 billion. Additionally, SpaceX will be worth more than Tesla for the first time if $TSLA closes below $188.38 per...

Tesla Stock: CNBC Laughably Suggests TSLA Will Surge 90%

tesla stock, cnbc

By CCN: CNBC must really be hurting for content, or its owners must be long on Tesla stock. That's the only explanation for Keris Lahiff’s sensationalist headline trumpeting, “Tesla rallied 90% the last time it suffered a pullback of this size." Lahiff says: “…history suggests this might lead to a massive short-term rally. The stock roared 90% higher in the two months to April 2016 following a...

Tesla & These Two Tech Stocks Are the Nasdaq's Hidden Gems

video tesla model 3 explodes twice

By CCN: The Nasdaq-100 Index may have topped out - for now - leaving big names such as Apple Inc (AAPL) and Amazon (AMZN) vulnerable to the fury of the bears. Nevertheless, not all stocks in the index have a bleak short-term outlook. Several tech giants have already suffered vicious corrections and now offer investors surprising upside. Tesla Inc. (TSLA), Nvidia Corp. (NDVA), and Intel Corp...

Barclays Slashes Tesla Target to $150 after Musk's Unconvincing 'Hyperbull' Robotaxi Pitch

Tesla, tesla stock

By CCN: The spate of bad news regarding Tesla seem to be unending. The electric car maker’s price target has now been trimmed by Barclays from $192 to $150, according to CNBC. Barclays argues that demand for Tesla’s products are either declining or stagnating. Specifically, the financial institution has stated that demand for Tesla’s mass-market car, the Model 3, is facing stagnation in the U.S...

Elon Musk Cracks Whip on Tesla Employees, Pushes Faster Deliveries

Elon Musk, Tesla

By CCN: Tesla CEO Elon Musk unintentionally provided the stock market with some laughs Thursday, reportedly issuing a letter to employees demanding that the electric vehicle maker deliver cars faster. This comes as no surprise, as it seems it has dawned on Elon Musk that reality has caught up with his smoke and mirrors charade. Elon Musk's Letter Disguises His Panic It is instructive to parse his...

Nutty Professor Says Tesla's Stock to Be Sub-$100 amid Likely Acquisition

Tesla

By CCN: NYU Professor Scott Galloway presciently predicted Amazon's acquisition of Whole Foods in 2017. He's back., and now the professor reportedly believes that Tesla is in the crosshairs of being acquired as investor frustration mounts, saying in a recent podcast: "My prediction is within 12 months Tesla is sub $100 per share and it probably gets acquired because there's real value there."...

LA Rams QB Tries to Quit Tobacco - By Buying a $160,000 Tesla?

Los Angeles Rams, Blake Bortles, Tesla, Elon Musk

By CCN: Elon Musk is laughing all the way to the bank, thanks to Los Angeles Rams backup quarterback Blake Bortles. Bortles signed with the LA Rams during the offseason and was determined to break his habit of using chewing tobacco, also known as “dip." So he bought a Tesla. The $160,000 Quit Tobacco Method That's Guaranteed to Fail Blake Bortles bought a $160,000 Tesla to quit dip @PardonMyTake...

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